Holte capital was founded in 2002 and operated until 2008 when capital was returned to investors during the 2008 financial crisis. It charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went read more. The difficulties he encountered seed capital, team, expenses, office space, technology getting investors. Money mavericks confessions of a hedgefund manager book. Shedding light on the incredible inside workings of hedge funds, its a tale of a bubble industry in a bubble town during the bubble years. Money mavericks confessions of a hedgefund manager. This was a year where any trade you had on that other hedge funds had on, that was a popular hedge fund trade, performed poorly because there were other hedge funds that were forced to. The hedge fund industry is not known for its modesty, yet this book is not only full of fascinating information but is refreshing in this respect as well. Lars kroijer is a danish entrepreneur, author, and former hedge fund manager. He selfreported a 36% return in 2000, at the peak of the dotcom bubble. He is the founder and principal of hayman capital management, l.
Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to discuss. But then these guys were like, you know, there are hedge fund buyers for pools that we put together, and then the hedge fund buyers say, you know what. Nov 08, 2010 lars kroijer got rich charging investors fat fees as a manager of his hedge fund, holte capital. Less taxing and more portable is diary of a very bad year. A hedgefund manager speaks in diary of a very bad year. The interviewerwho is not anonymousfounded a hoitytoity literary magazine and comes from the therearenodumbquestions school of interviewing, which is a good oh, baby. Confessions of a hedge fund manager financial times series free today. Oct 05, 2015 money mavericks pdf ebook confessions of a hedge fund manager financial times series download money mavericks pdf ebook. Lars starts off by exposing some of the popular myths in the hedge fund industry, the whole glamorous appeal of it all is nothing more than a gross oversimplification society has placed on it, much like the situation in china. In june, my book of interviews about the financial crisis with a hedge fund manager was coming out, and i realized i still knew nothing about the financial crisis. The down to earth writing style makes lars book easy to read. April 22, 2011 just finished this book by hedge fund manager lars kroijer. If you are interested in hedge funds and can see yourself building career blocks, you may consider these top 10 hedge fund books that will aid you in learning hedge fund.
Kroijer has released two financial books as an author. In his book, harvard mba kroijer describes his experience in leaving a high paying job in finance when he was barely 30 years old to start his own hedge fund. Diary of a very bad year anonymous hedge fund manager. A change of heart for a hedge fund manager dealbook. But in his new book, confessions of a wall street insider. Confessions of a hedge fund manager 2nd edition financial times series. The book is basically a fortuitous series of interviews with a prominent hedge. This book is a series of interviews with an anonymous hedge fund manager, called hfm, during the financial crisis. Dec 18, 2008 in a former life, i used to call myself a hedge fund manager, writes eric fry, reporting from laguna beach, california, for the rude awakening. In his book, harvard mba kroijer describes his experience in leaving a highpaying job in finance when he was barely 30 years old to start his own hedge fund.
Confessions of a hedge fund manager as want to read. The book tells the story of how a hedge fund was launched, run and eventually folded. If youre looking for a free download links of money mavericks pdf ebook. Most books written on the subject of hedge funds are either glorifying their success or criticizing their evil nature of some sort. Lars kroijer 2010 financial times press a new edition is available now. The hedge fund industry is not known for its modesty, yet this book is not only full. Read the book on paper it is quite a powerful experience. The quintessential reading list for finance students online. Diary of a bad year is the view from a man clinging to a palm tree in a hurricane. This book is different because lars kroijer writes about his own life journey of working at an investment firm, eventually. If hedge funds were a country, it would be the eighthbiggest on th. Confessions of a hedge fund manager financial times series free download money mavericks pdf ebook. Confessions of a hedge fund manager 2nd edition financial times series 2 by lars kroijer isbn. I was back in the hedgefund game and had just resigned from a position with a large bank where i felt imprisoned.
In a former life, i used to call myself a hedge fund manager, writes eric fry, reporting from laguna beach, california, for the rude. Everyday low prices and free delivery on eligible orders. An especially funny memory hit me when reading this book i had just started out and while cervino was just a tiny blip in the investment community, i felt like a million bucks. Lars kroijer shedding light on the incredible inside working of hedge funds, this book charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period. Confessions of a wall street insider scam or legit. Gessen refers to him throughout as hfm is a man who ran the emerging markets desk at a respected midtown fund and is not, we are told, like those. The title of the book is a bit sensationalistic not sure what the anonymous hedge fund manager hfm is confessing to, but the book a series of interviews between hfm and the author provides an accessible and lucid view of the 2008 financial crisis from an insiders perspective. Jul 27, 2010 really enjoyed reading lars kroijers memoir on running a hedge fund.
Hedge funder and author and eric falkenstein recently analyzed cramers selfreported returns, as written in his book confessions of a street addict. During his career, he worked for hbk investments and lazard freres, before cofounding a london based hedge fund. The interviews started before anybody realized how big of a deal it was going to be, and continue until after the crisis is over. I liked how cramer didnt focus on just his success. As manager of his hedge fund, cramer claimed to have realized a rate of return of 24% after all fees for 15 years until he retired from the hedge fund in 2001. This book differs from many other hedge fund books due to the fact it is actually enjoyable to read. Best of all, if after reading an e book, you buy a paper version of diary of a very bad year. We need to fund, we need to leverage this, so how can we leverage this.
This book is a series of interviews with an anonymous hedgefund manager hfm by the coeditor of a literary magazine who admits to being illinformed on finance. Go search hello select your address best sellers gift ideas. Its like the cliff notes of the financial crisis, which is a useful thing to have. Confessions of a hedge fund manager financial times series free book. Kroijer, 38 years old and the author of a book, money mavericks, confessions of a hedge fund manager, has had something of an epiphany about the fees that these lightly regulated investment pools charge.
Confessions of an anonymous hedge fund manager anonymous hedge fund manager. Kyle bass born september 7, 1969 is an american hedge fund manager. The hfm offers a brilliant financial professionals view of the economic situation in real time. Money mavericks confessions of a hedge fund manager. Apr 20, 2010 the title of the book is a bit sensationalistic not sure what the anonymous hedge fund manager hfm is confessing to, but the book a series of interviews between hfm and the author provides an accessible and lucid view of the 2008 financial crisis from an insiders perspective. Top 10 best hedge fund books books may seem old school, but still, they serve the purpose of soaking in the most important concepts in any area you want to master. Lars kroijer got rich charging investors fat fees as a manager of his hedge fund, holte capital. Confessions of a hedge fund manager financial times series free, download online money mavericks pdf ebook. The year was 1995, and together with two partners i oversaw a modest investment management business.
Confessions of a hedge fund manager financial times series pdf, epub, docx and torrent then this site is not for you. It charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went. Confessions of a hedge fund manager 2nd edition financial times series kroijer, lars on. Confessions of an anonymous hedge fund manager, newsweek s david graham spoke to hfm over.
Confessions of a hedge fund manager financial times. If you want to learn about the hedge fund industry and the people who had a big impact on it, read more money than god by sebastian mallaby. Many books on this topic go into numerous technical details which is not always the most important poin. I read this book cover to cover, and enjoyed every bit of it. If you have been searching for an excellent book related to lifestyles of a hedge fund manager or you want to study a book based on true life stories, the confessions of a wall street insider is meant for you. Jun 24, 2010 less taxing and more portable is diary of a very bad year. A new book takes the first steps toward putting a human face on the funds. The book is basically a fortuitous series of interviews with a prominent hedge fund manager throughout the ongoing 08 financial crisis. Confessions of a street addict really brings to light the career of james cramer starting off as a struggling writer to successful hedge fund manager. I particularly liked his quote about pitching to investors at a hedge fund manager conference. Confessions of a hedge fund manager by lars kroijermobi,epub,pdf nonfiction business, economics 0 if hedge funds were a country, it.
I was back in the hedge fund game and had just resigned from a position with a large bank where i felt imprisoned. Its written by former hedge fund manager lars kroijer. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something. An especially funny memory hit me when reading this booki had just started out and while cervino was just a tiny blip in the investment community, i felt like a million bucks.
I bought this book because i am an aspiring hedge fund manager myself. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of holte capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to. Confessions of a hedge fund manager financial times series free audio book. Money mavericks is a great book for anyone who is thinking to start a hedge fund, and for who is considering to work in the industry and understand which kind of investments and situations hedge funds look for. Hedge fund managers make dozens of calls to brokers each day, trying to get a. A new edition of this revealing and incisive account of the incredible inside workings of hedge funds. Does the electronic version of the book completely replace the paper version. Its not everyday you get to go behind the scenes in starting up a hedge fund and the fundraising activities involved. Confessions of a hedge fund manager lars kroijer ft publishing international as far as wartsandall accounts of life at the helm of a hedge fund, this is one of the best books on the market. His talent seemed under no dispute and his timing was certainly quite good lucky. Confessions is a nightmarish tale of raw ambition gone awry.
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